Steven Fiorillo 43.31K Followers

Summary

Robinhood delivers strong Q2 results with 32% YoY revenue growth and record net deposits, but valuation remains stretched versus peers.

HOOD now operates 13 business lines with over $100M in annualized revenue, with diversified growth beyond crypto and robust customer retention metrics.

I maintain a neutral rating on HOOD, citing its 31.2x 2027 earnings multiple—a 48% premium to peers—pending evidence of agentic finance scaling revenue.

To turn bullish, I want to see net deposit growth above 20% and Agentic Trading attracting assets beyond HOOD’s existing customer base.

Robert Way/iStock Editorial via Getty Images

Robinhood (HOOD) reports their Q3 earnings after the bell on October 27th, and its shares are sitting at $95.07 after falling more than -29% over the past year. It’s been a bumpy ride for shareholders since HOOD

This article was written by

Steven Fiorillo 43.31K Followers

I am focused on growth and dividend income.…